Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. China’s largest coffee chain, Luckin Coffee, is planning to enter the US market and undercut rivals ...

Four years on, Luckin is roaring back. It has emerged as China’s biggest coffee chain, overtaking Starbucks in sales and number of stores. Meanwhile, at Starbucks, revenue plunged for the third ...

Starbucks has been promoting China as a growth story for years. But unexpected domestic weakness and a major international ...

In recent years, county-level markets have become the "blue ocean" for coffee consumption in China. Starbucks' continuous expansion demonstrates its confidence in the Chinese coffee market ...

Starbucks China has reported stronger performance from its newly-opened county-level stores compared to those in higher-tier cities, reinforcing its penetration strategy despite a decline in store ...

Starbucks baristas can put eight shots of espresso into one cup. They can make drinks that taste like strawberries, apple pie, pumpkin spice or, separately, pumpkin cream. But they can’t get Amanda ...

Starbucks will stop selling the olive oil-infused coffees it debuted last year. Bloomberg first reported Tuesday that the coffeehouse chain plans on "saying goodbye" to the Oleato coffee drinks ...

Check out other new changes. Starbucks recently announced some changes to the business, switching up its strategy in some core areas, including perks and discounts. After two consecutive quarters ...

Barbarians are coming to the gate. Just as Starbucks Corp.’s new Chief Executive Officer Brian Niccol begins to revamp the ...

People visit the booth of Starbucks at the China International Supply Chain Expo (CISCE) in Beijing, capital of China, Nov. 28, 2023. [Photo/Xinhua] Starbucks has set new records by opening 790 ...

Starbucks Corp. (NASDAQ: SBUX) needed large growth in China to drive its global expansion. As recently as last year, management said China sales would rise rapidly. Recently, sales in the world ...